$910,000
Est. $4,678/mo3123 E Carlisle Avenue, Spokane, WA 99207
• Listed 2026-07-29•1 day on market
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Based on information submitted to the MLS GRID as of July 30, 2026 at 08:28am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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3123-3125 E Carlisle Ave is a fully renovated 7-unit multifamily property in Spokane. The property features a uniform two-bedroom, one-bathroom unit mix, providing operational simplicity and broad tenant appeal. With updated interiors, stabilized occupancy, and limited near-term capital needs, the asset offers immediate cash flow supported by straightforward day-to-day operations. The property is located in a tight residential pocket of east Spokane with convenient access to nearby employment, education, transportation, and recreation drivers. Tenants benefit from proximity to grocery stores, dining, parks, public transit, and major arterials, while investors benefit from a concentrated comp set supported by recent sales, new construction, and active investment within the immediate area. This localized momentum helps distinguish the property from the broader Southeast Spokane market and reinforces demand for well-maintained rental housing in the submarket. As Spokane continues to grow, the area surrounding E Carlisle Ave is positioned to benefit from ongoing infrastructure improvements, including the continued development of the North-South Corridor. The combination of high occupancy, updated condition, straightforward two-bedroom floorplans, and remaining upside through rent adjustments and utility reimbursement creates a durable small-balance multifamily opportunity.
Listed by Peter Clark • The Paragon Group
Listing updated: July 30, 2026 at 08:28am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2562067
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3123 E Carlisle Avenue, Spokane, WA 99207
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Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$5,651 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Spokane is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: Days-on-market data not available for this area.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
Spokane School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
